FALCON ANNOUNCES $180,000 PRIVATE PLACEMENT - Falcon Gold Corp

FALCON ANNOUNCES $180,000 PRIVATE PLACEMENT

Vancouver, B.C., June 17, 2021. FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF: OTC PINKS); (“Falcon” or the “Company”) announces a $180,000 financing by way of a non-brokered private placement of units.  Each Unit is priced at $0.12 and will consist of one Falcon common share and one non-transferable warrant.  Each Warrant will entitle the holder to purchase a new common share at a price of $0.20 for a 36 month term following the acceptance date.

A Finders’ fee may be payable in connection with the offering in accordance with the policies of the TSX Venture Exchange. The Private Placement offering is subject to TSX Venture Exchange approval.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas.  Falcon’s flagship project, the Central Canada Gold Mine, is approximately 20 km south east of Agnico Eagle’s Hammond Reef Gold Deposit.

The Company holds 5 additional projects.  The Camping Lake Gold property and the Springpole West Property in the world-renowned Red Lake mining camp; a 49% interest in the Burton Gold property near Sudbury Ontario; and in BC, the Spitfire-Sunny Boy Gold Claims and the Gaspard property.

CONTACT INFORMATION:

Falcon Gold Corp. “Karim Rayani” Karim Rayani
Chief Executive Officer, Director
 

Telephone: (604) 716-0551

Email: info@falcongold.ca

Cautionary Language and Forward-Looking Statements

This news release may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.